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BREAKINGVIEWS

European gambling ready to ante up in U.S. again

Reuters Breakingviews delivers agenda-setting financial insight. Its global correspondents react to stories as they develop, delivering sharp and provocative commentary on big financial news as it breaks.

The United States has dealt Europe’s online gambling companies a promising hand at last. Laws introduced this year and last allow forms of online gambling to take place in three U.S. states. Investors may be wary after being burned in the online poker craze that took hold last decade. Yet while the stakes remain high, the odds facing Europe’s croupiers are shortening.